NCZ 0.00% $1.10 new century resources limited

Sibanye tries to buy-out NCZ at $1.10. Don't accept!, page-70

  1. 10,436 Posts.
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    SS has no chance of making Century work at current zinc prices and smelter costs which this year are close to 40% of the low zinc price - they managed to produce 66kt zinc concentrate(30kt metal) in the Sep quarter but still lost money even though SS is claiming a positive US$3mil AdjEBITDA (which doesn't take into account Final invoicing QP's as it's from prior period production, or obviously interest and D&A).
 
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